Foundations Urged to Seek Social Returns on Investments

By Nicole Wallace

Jed Emerson (left) and Antony Bugg-Levine say young people are increasingly embracing the notion that profit and solving social problems can go hand-in-hand.

The sharp distinction between money that is invested for a financial return and charitable gifts to help solve social problems is anachronistic, argue the authors of a new book, Impact Investing: Transforming How We Make Money While Making a...